Ashok Rajan is a registered investment advisor at LPL Enterprise, LLC, based in Basking Ridge, NJ, with 36 years of industry experience. Ashok operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
Basking Ridge, NJ
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Ashok provides wealth management and investment advisory services through Rajan Private Wealth, taking up nearly all of his time. He also dedicates minimal time to speaking engagements and writing a wine column.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Janney Montgomery Scott LLCBroker
Janney Montgomery Scott LLC
Awm Global Advisors
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Prudential Investments LLC
Prudential Investment Management Services LLCBroker
Prudential Securities IncorporatedBroker
Prudential Securities IncorporatedBroker
Dean Witter Reynolds INC.Broker
State Registrations18 states
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